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Closed
Closed

$350,000

($1,412 down)
FHA

199 W REEVES Avenue, San Tan Valley, AZ 85140

3
2
1,326 sqft
PITI Monthly
$2,107.46 /mo

Listing courtesy of: Robin M. Drew, Bliss Realty & Investments

Assumed Rate

3.07%
7.15%

Principal & Interest

$1,575 /mo
$2,500 /mo
$37,466 in interest paid off

What's Special

SHOPPING
SPACIOUS
WALK-IN CLOSET
PATIO
PRIVATE BACKYARD
COMMUNITY POOL
BANK APPROVED SHORT SALE AT NEW LIST PRICE! Great single level 3 bedroom, 2 bath home in Ironwood Crossing. Community pools and parks PLUS
it is located near schools, restaurants, shopping, and more in beautiful Queen Creek! Great room floor plan has natural light, mostly hard flooring, with
carpet in only the 2 secondary bedrooms. Spacious eat-in kitchen has SS appliances, granite counters, recessed lighting, glass back-splash, breakfast
bar, pantry, and plenty of cabinets. The split master bedroom has walk-in closet and attached full bathroom with walk-in shower. Garage ... Show more
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.07
Remaining Loan Term
26 years, 7 months
Monthly PITI
$2,107.46/mo
Estimated Loan Balance
$365,354
Cash to close
$1,412
Interest Paid
$37,466

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Ceiling Fan(s), ENERGY STAR Qualified Equipment, Refrigeration
  • Heating: ENERGY STAR Qualified Equipment, Natural Gas
Features
  • Materials: Painted, Stucco, Frame - Wood
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, Laminate, Tile

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Tile
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: Yes
  • Carport Spaces: 2
Water
  • Sewer: Public Sewer
  • Water Source: City Water
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: Single Family - Detached
  • Architectural Style: Ranch
Materials
  • Painted, Stucco, Frame - Wood
  • Roof: Tile
Condition
  • Year Built: 2009
Details
  • Builder: Fulton Homes

Community & HOA

Community
  • Subdivision: IRONWOOD CROSSING - UNIT 1
  • Features: Community Pool, Playground, Biking/Walking Path, Clubhouse
HOA
  • Has HOA: Yes
  • HOA Name: Ironwood Crossing
  • HOA Amenities: Unknown
  • HOA Fee: $197
  • HOA Frequency: $Monthly
Location
  • Region: San Tan Valley

Financial Details

  • Price per Sqft: $263.95
  • Tax Annual Amount: $1447
  • On Market Date: Aug 08, 2024
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Savings Calculator

Current cash to close is $1,412 (0%)
You can enter any amount below - secondary financing will cover the difference if needed.
0%
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0%20%50%

You cover the entire equity of $1,412!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage3.07% Sellers Rate
$348,588
Your Cash$1,412
Total Purchase Price:$350,000

Assumed vs Traditional Mortgage

Assumed @ 3.07%
$1,575/mo
Traditional @ 7.15%
$2,593/mo
You save $1,019/month ($12,224/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6740607

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: Jan 02, 2025 09:03pm

© 2025, Arizona Regional Multiple Listing Service (ARMLS). All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

Assumed Rate

3.07%
7.15%

Principal & Interest

$1,575 /mo
$2,500 /mo
$37,466 in interest paid off
Inquire about this property
​
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​
​
​

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $1,412 (0%)
You can enter any amount below - secondary financing will cover the difference if needed.
0%
$
0%20%50%

You cover the entire equity of $1,412!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage3.07% Sellers Rate
$348,588
Your Cash$1,412
Total Purchase Price:$350,000

Assumed vs Traditional Mortgage

Assumed @ 3.07%
$1,575/mo
Traditional @ 7.15%
$2,593/mo
You save $1,019/month ($12,224/year)

*Secondary financing rates are an estimated value based on input

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May, 17 2025

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